Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Van Wert at 1114 Leeson Ave, Van Wert, OH, 45891 offers a 19.46% rental yield on a $185,000 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $905/mo payment leaves $1,784/mo available for distribution. Annual cash flow reaches $21,403/yr on $61,328 to close, and return on cash invested stands at 54.81% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 290.54% and total cumulative return in cash at $178,179. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45891, Van Wert, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,012 (100%) |
| Owner Occupied HU | 4,579 (65.3%) |
| Renter Occupied HU | 1,860 (26.5%) |
| Vacant Housing Units | 573 ( 8.2%) |
| Median Home Value | $156,533 |
| Average Home Value | $189,951 |
Residential
6,672
Single Family
6,408
Multi-Family
264
Businesses
562
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Price change | $185,000 |
| 2024-08-23 | Listed for sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Austin Honigford • Key Realty- Findlay
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304919
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
